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Amusement Parks and Centres Operation in Australia: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Amusement Parks and Centres Operation Market Research Report | ANZSIC R9131 | Nov 2016

Tragedy strikes: The accident at Dreamworld is expected to hinder growth in the current year

IBISWorld’s Amusement Parks and Centres Operation market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$793m
Annual Growth 12-17
2.0%
Annual Growth 17-22
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Profit
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Employment
5,068
Businesses
903
Industry Analysis & Industry Trends

Growth in the Amusement Parks and Centres Operation industry has generally been positive over the past five years. This has been due to real household discretionary income growth and growth in domestic tourist visitor nights and international tourist visitor nights. Amusement parks have also offered discounts to attract new customers and gain repeat business, which has contributed to industry growth over the period. Despite this, competition from substitute entertainment industries and services, such as sports and online content, has put pressure on industry operators and reduced profit margins. Furthermore, an accident at Dreamworld on the Gold Coast, QLD in October 2016, which resulted in the death of four people, is likely to cause visitor numbers to decline due to safety concerns... purchase to read more

Industry Report - Industry Analysis Chapter

Although the Amusement Parks and Centres Operation industry has grown over the past five years, a tragic accident on a ride at Dreamworld in October 2016, which caused the death of four people, is expected to cause industry revenue to decline in the current year. At the time of writing, the cause of the accident is under police investigation, and there is the potential of a coronial inquiry. Dreamworld management has announced it is unsure when the theme park will reopen. Concerns about ride safety and maintenance are likely to cause Dreamworld's visitor numbers to decline over the remainder of 2016-17. Concerns about ride safety may also have a negative effect on other industry operators... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Amusement Parks and Centres Operation Industry?

Amusement or theme parks offer attractions such as mechanical rides, water slides, games, shows and theme exhibits. They also lease venue space for other businesses to operate attractions or provide services (such as selling food) on a concession basis. Amusement arcades, centres or parlours are permanently located within a venue and offer many coin-operated games, such as pinball.

Industry Products
AdmissionsRidesFood and beveragesMerchandiseCoin-operated machinesOther products and services
 
Industry Activities
Amusement park operationsTheme park operationsWater park operationsIndoor rock climbing operationsAmusement and video game arcade centre operationsAmusement machines or rides concession operationsChildren's fun centre operationsGo-kart centre or track operationsMini-golf operationsObservation deck and tree walk operations


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